Radiant takes in $1.07 million through private placement of shares

Company offers shares at 733% premium to its closing share price

By Devika Patel

Knoxville, Tenn., Nov. 17 - Radiant Oil & Gas, Inc. completed a private placement of stock on Nov. 12, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The company sold 1,065,000 common shares at $1.00 per share for $1.07 million. The price per share reflects a 733.33% premium to the Nov. 11 closing share price of $0.12.

Radiant is an oil and gas company that has ceased operations. It is based in Houston.

Issuer:	Radiant Oil & Gas, Inc.
Issue:	Common stock
Amount:	$1,065,000
Shares:	1,065,000
Price:	$1.00
Warrants:	No
Settlement date:	Nov. 12
Stock symbol:	OTCBB: ROGI
Stock price:	$0.12 at close Nov. 12

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